Tata motors elliott wave on hourly chart
Tata motors is expected to give a good entry to buy between 155 to 160.
Reason for 160 - 38 % retracement of wave iii
Reason for 155 - upper border of trend line giving a good support on previous occasions.
Expected target is above 190
why ?
Because of 38 % Projection
Disclaimer - i can be wrong !!!
Reason for 160 - 38 % retracement of wave iii
Reason for 155 - upper border of trend line giving a good support on previous occasions.
Expected target is above 190
why ?
Because of 38 % Projection
Disclaimer - i can be wrong !!!
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